Quote:
Originally Posted by minibrings
If you are shocked that the Chinese own Volvo.. do a little research and see who owns Jaguar and Land Rover.
Bollywood anyone?
|
yes, Tata owns them. And same problems are looming, because of the huge difference in labor costs between China and Sweden and India and England.
Same article mentioned interesting thing about Volvos, and it makes sense. In order for Geele to make Volvo profitable and sustainable, both companies must start sharing parts and supplies and labor. Well, if someone will tell me that Chinese parts are up to par with Volvo quality. Or the labot costs difference between the countries.